2023 CLP to HUF Historical Review

YEARLY HIGH

0.4608 HUF

YEARLY LOW

0.3807 HUF

YEARLY AVERAGE

0.4210 HUF

2023 CLP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.4608. Conversely, the yearly low was recorded on November 13, dropping to 0.3807.

This high-to-low spread represents a total annual volatility of 0.0801 HUF. From a start-to-finish perspective, comparing the January average rate of 0.4447 to the December average rate of 0.3991, the exchange rate registered a net change of -10.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4608 was down 3.45% compared to the 2022 peak of 0.4773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 460,813 HUF

2022 Average 425,896 HUF

Yearly Trough Low 380,722 HUF

Transaction Impact: A difference of 80,091.09 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4543

0.3880

JanuMarcMayJulySeptNove

CLP to HUF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4371, compared to 0.4050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.4371

H2 Avg (Jul–Dec) 0.4050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0344 HUF (High: 0.4409 / Low: 0.4066). On the other end, May was the most stable month, with a tight range of 0.0165 HUF (High: 0.4371 / Low: 0.4205).

July Spread (Volatile) ±0.0344

May Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4488) against the same month in 2022 (average: 0.3902), the exchange rate shifted by +0.0585 (+15.00%).

2023 Avg (February) 0.4488

2022 Avg (February) 0.3902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4539	0.4365	0.4447
February	0.4608	0.4274	0.4488
March	0.4577	0.4304	0.4454
April	0.4434	0.4183	0.4255
May	0.4371	0.4205	0.4296
June	0.4355	0.4182	0.4283
July	0.4409	0.4066	0.4208
August	0.4218	0.4037	0.4120
September	0.4178	0.4012	0.4088
October	0.4139	0.3820	0.3936
November	0.4057	0.3807	0.3956
December	0.4067	0.3872	0.3991